Impacted Last Year
Established in 2009, Mentors International helps individuals and families throughout Honduras turn generational poverty into sustainable self-reliance. The Honduras economy is heavily dependent on U.S. trade, which historically took the form of exporting bananas and coffee.
This country has one of the highest populations of people living in extreme poverty in Central America.
According to the World Bank, in Honduras, 57% of the population struggles to survive on less than $5.50 a day. The people of Honduras suffer from high unemployment and vastly unequal distribution of wealth. The COVID-19 pandemic is significantly impacting Honduras’s economy. The country’s GDP is expected to contract by 7.1 percent in 2020 due to a sharper than expected fall in trade, investment and consumption amid the global slowdown and prolonged containment measures
Fortunately, through mentoring, training, and financial solutions, individuals and families are improving their incomes, paying off their debts, and increasing their savings. They are starting businesses, finding employment, and spreading prosperity throughout their local communities even in these uncertain times.